Evening News with MarkZ. 12/22/2023

Friday Evening News with MarkZ 

Some highlights by PDK-Not verbatim

MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context.  Be sure to consult a professional for any financial decisions

Member: Good Morning, Good Afternoon or Good Evening- Depending on where you are at. 

Mod:  GOOD EVENING, HOPE THE DAY WAS GREAT FOR YOU ALL!!

Member: Mark, I heard the St. Germaine trust ready to be opened on Christmas???

Member: Yes St Germaine trust supposedly opens on Xmas..hope this is the year it finally does. 

MZ: Its been fairly quiet on RV related news… 

MZ: “The Chinese Yuan’s share of global payments climbs to a record high while US dollar’s share dips” This is huge.  Now the 4 most popular ways to settle debt around the world is the USD, The Euro , British pound and Chinese Renimbi or Yuan. 

MZ: “China and Russia have almost completely abandoned the US dollar in bilateral trade as the push to de-dollarize intensifies”  More that 96% of the trade is now done in their own currencies. 

Member: Mark Got info from my platform saying nothing until next year because of some percentage of redemption that someone wants. 

MZ: Next year is only a week and a half away…but, I have not heard anything from any of my groups on that.  We have seen a tremendous amount of disinformation over the last 24 hours in the bond side and group side. It is honestly to keep people off-kilter so they do not know what to expect for timing right now…...

Member: Mark,  I am hearing some farm claims got paid. Coming to you to verify 

MZ: What I am hearing on the farm claims is nobody has their full dollars…but a number of farm claim recipients got about a $150 deposit and were asked if the deposit went smoothly. 2 of my folks say the deposit came from the US Treasury direct. Which would make sense. Do I think farm claims have been paid?-No. But, do I think they are testing the system and the contact info for payouts……yes I do- that is what I think was done. . 

Member: I bet they will be glad to work a holiday for the RV. They too have trained hard and waiting for this as well. Bless them all.

Member: Got interesting news today from a friend who went to his bank. They told him their system had been hacked, as well as other banks such as BoA.

Member: My bank atm was down since Jan 2023. Just last month they got a new one. fancy one lol

Member: Florida Currency Exchange in Tampa said the will exchange Iraqi Dinars if the revaluation occurs. then said he was restricted in what he could say.

Member: Just received about 30 minutes ago from one of my trusted sources that liquidity is confirmed. That's all I'm going to say about that. Stay grounded my friends. It's happening as we speak.

Member: Remember Kuwait said they were going to take months to RV in the morning….Then they RV’d later that same day?. 

MZ: Yes they said they were 6-9 months off…then that same day-BAM

Member: Merry Christmas to all of you. If we don’t RV before 2024 everyone stay positive we will get there

Member: Merry Christmas and a Prosperous New Year to us all!!!! Praise God

Member: God bless you all Mark and Mods..Happiest of Holidays and you are all very special and blessed...

“THE INFORMATION IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES ONLY. NOT INTENDED TO PROVIDE ANY PROFESSIONAL & LEGAL ADVICE.” PLEASE CONSIDER EVERYTHING DISCUSSED IS IN MARKZ’S OPINION ONLY

Odysee at: https://odysee.com/@theoriginalmarkz:e OR THE RUMBLE CHANNEL: https://rumble.com/user/theoriginalmarkz

Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, divisive social commentary,medical opinions or many guests on this stream……just RV/currency related topics.

TO GET THE “REAL MARKZ ACCOUNTS”, TWITTER, YT, RUMBLE, TELEGRAM ROOMS, AND FOR MARK’S DAILY LINKS TO HIS WEBSITE: https://theoriginalmarkz.com

STAY IN THE KNOW: FOR UPDATES ON PODCASTS (CHANGES & GUESTS). YOU WILL FIND PLENTY OF USEFUL INFO THAT KOUKLA UPDATES OFTEN FOR MARK AT THE TELEGRAM INTEL CHANNEL: https://t.me/+K_GNVfTI0gFkZWYx

GUYS YOU CAN FIND ALOT OF INFO AT MARK'S WEBSITE: GO TO: https://theoriginalmarkz.com/home

MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/

Mod:  MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM

THANK YOU ALL FOR JOINING. HAVE A BLESSED NIGHT! SEE YOU ALL IN THE MORNING FOR COFFEE @ 9:45 AM EST ~ UNLESS BREAKING NEWS HAPPENS!

"BANK STORY" BY FRANK26

 Frank26 

  [Bank Story]  

BANK STORY WOMAN:  I just spoke to a representative of the company for whom I purchased my currency.  I asked, when the reinstatement occurs what happens from your end?  She said when the revaluation occurs...we will be notified by the United States Treasury.  We will then notify all of our customers.

   FRANK:  I find that interesting, so this bank is saying they have the addresses and phone numbers of the people they sold dinars to.  Like I told you, they're going to come after you.  They want you badly.  

BANK STORY WOMAN:  I was struck by the fact that she spoke of the RI as a matter of fact which will occur.  She did not deny it.

  FRANK:  Like I've been saying to you sister, it's not a secret.

New Dollar Shipments May Reduce The Exchange Rate In Iraq , 22 DEC

 New Dollar Shipments May Reduce The Exchange Rate In Iraq

December 21, 2023 Last updated: December 21, 2023 Independent / - Iraq is awaiting new dollar shipments imported by government and private banks after the recent agreements between the Central Bank of Iraq and the American side.  It is hoped that they will contribute to curbing and reducing exchange rates in the parallel market.

Although government sales are made at a price of 132 thousand dinars per hundred dollars, prices in the parallel market currently range between 153 thousand and 155 thousand per hundred dollars.

Central Bank And Government Actions

The head of the Association of Private Banks, Wadih Al-Handal, said,  “The recent measures of the Central Bank of Iraq and the government, with regard to facilitating trade financing using new currencies, represented by the euro, the dirham, the Chinese yuan, and the Indian rupee, are a step that contributes to reducing the exchange rate of the dollar in the parallel market,” noting that “  “The regulation of trade financing carried out by the government and the central bank through the entry of other goods into the platform will lead to an increase in trade financing.”

He confirmed in a statement to his independent newspaper, Al-Sabah, that

“private banks are taking great steps in expanding international relations with international banks, which facilitates the financing of Iraqi trade with countries of the world,” explaining that

“the Prime Minister’s great support for the private sector is considered the beginning of reforming the economy.” "The Iraqi sector, especially since

the private sector is an important partner to the government, in providing services and jobs and reducing poverty."

Use the instructions of the Central Bank

For his part, economic expert Dr. Mustafa Hantoush explained to “Al-Sabah”:

The Central Bank used Instructions No. 4 of 2011 regarding the import of currency by banks licensed in the country that have the right to carry out this process to enhance capital or for the purposes of addressing monetary crises. He added that

the US Federal Bank had earlier reduced the dollar payments that were delivered to the Central Bank due to money laundering and the seizure of the dollar by some countries close to Iraq, but

the Central Bank agreed with the US Treasury on a successful and correct step to support local banks by establishing relationships with foreign banks. And the gradual transition of operations to enhance the balance of its accounts, which is consistent with what the bank previously announced in its plan to gradually reduce dependence on the electronic platform until it ends its work next year. Hantoush stated that

Capital Enhancement

there are banking transactions and deposits received in dollars, and related operations were carried out in dinars with the approval of the Central Bank, because the depositor requests dollars or transfers coming from abroad that are deposited in bank accounts, and

there is no payment in dollars except in dinars, which requires strengthening capital, and according to this process, the Central Bank Al-Iraqi agreed with the US Treasury on a successful step in this regard. He continued that

the American side deals as a merchant, concerned with the issue of profit, by imposing a reduction in the supply of the dollar, but

on the other hand, when it sees its banks and companies making a profit, it agrees to most of the procedures, and  it is a theory that it follows in managing the world economically.

New Shipments

It is noteworthy that a government source revealed that government and private banks imported $255 million within two weeks, and that

a number of other requests to import the dollar are on their way to being audited and implemented, with other amounts expected to arrive within the next few days.

The Importance Of Financing Small Merchants

In turn, Imad Al-Muhammadawi, who is interested in economic affairs, told Al-Sabah:

The steps taken by the Central Bank, represented by approaching banks to finance small merchants from Turkey in the euro, are extremely important as it reduces the burden and crises of using the dollar in commercial transactions. He pointed out that

 this step will contribute to encouraging Iraqi merchants to import goods from Turkey, in a way that serves the Iraqi economy and the needs of citizens. Al-Mohammadawi concluded that

these measures are positive and indicate that the government seeks to address the problem of the high exchange rate in the country, but

it is important that these efforts continue and be integrated with other measures, such as combating corruption and supporting local production.

 https://mustaqila.com/شحنات-دولارية-جديدة-قد-تخفض-سعر-الصرف-ف/

"RV UPDATE" BY PIMPY, 22 DEC

  Pimpy 

 With them taking away the US dollar there's some logic to...an increase in Iraqi dinar.  Will they?  

You're not going to see them go 1 for 1...  Nothing would make me happier than to be wrong about this.  I would love to go, 'Oh, my gosh, everybody was right and I was wrong. Darn.'  As I take my dinar down to the bank...It's not that simple.  There are a lot of hurdles and...precautions countries have to take before you do anything that outrageous with your exchange rate. 

 The best you can hope for is it goes up in increments...You're not going to see any huge significant change in the Iraqi exchange rate despite the fact they're taking away the US dollar.

 Article:  "Launch of the third annual scientific conference on economic challenges and reform in Iraq"  This part is very interesting to me.  Quote:  "Restructuring the general budget" 

 Why would they have to restructure the general budget unless there's about to be some changes made.    I don't want to get all crazy and make assumptions that it has something to do with the change in the exchange rate but I find this very interesting.  Like I said, if they're going to ever change the exchange rate they usually do it at the end of the year or the beginning of the year so everybody could do what?

  Restructure their budgets for the year...I do find this interesting...my ears are perking...what do you got going on over there Iraq? 

It’s been only 6 moth 20% of the budget in 6 months it’s to much Iqd Iraq BY NADER FROM MID EAST

AL-SUDANI: THE IRANIAN SIDE HAS NO PROBLEM IN DEALING COMMERCIALLY WITH IRAQ USING DINARS OR TOMANS: ANALYSIS BY MNT GOAT, 22 DEC

 AL-SUDANI: THE IRANIAN SIDE HAS NO PROBLEM IN DEALING COMMERCIALLY WITH IRAQ USING DINARS OR TOMANS

Prime Minister Muhammad Shiaa Al-Sudani said today, Thursday, that: “Economic reform begins with the financial and banking sectors,” while noting that “the government is committed to providing the dollar at the official rate,” and stressed that “there is no problem on the Iranian side in dealing commercially with Iraq in dinars.” Or toman. Al-Sudani said in a televised interview followed by “Al-Mutala’” that: “Conducting the population census, the first step in implementing Article 140 of the Constitution, was postponed to May 2024 after it was scheduled to be conducted this year due to the governorate council elections,” pointing out that “the time has come to lift the census.”

The outstanding problems between Baghdad and Erbil lie in the border crossings and the budget.” He added, “We went to borrow from the Ministry of Finance to pay the salaries of the employees of the Kurdistan region, and we are in favor of finding a solution with a legal amendment that considers the employees of the Kurdistan region as equal to the rest of the employees of Iraq,” stressing, “The government is keen to end the suffering of the Kurdistan employees’ salaries crisis.” On the other hand, he stressed, “Economic reform is the gateway to financial and banking reform, and the issue of the exchange rate requires this reform. We are committed to providing the dollar at the official rate to merchants, investors, contractors, students, and travelers.

” He pointed out, “95 percent of our trade now passes through the electronic platform, and there are those who circumvent the law and buy the dollar at the parallel price because they do not want to apply legal procedures.” He stressed, “We will not accept that the official price of the dollar be equal to the parallel price, because that would encourage smuggling.” Regarding foreign trade, Al-Sudani said: “The Iranian side has no problem in dealing commercially with Iraq in the dinar or toman currencies.”

He continued: “The problem of commercial transfers to Turkey has been solved by opening accounts in the Turkish lira.” He stressed that “food prices remained stable, despite the attempts of manipulators to speculate on the price of the dollar.”

https://mntgoatnewsusa.com/latest-mnt-goat-newsletter/

Has the oil and gas law reached the House of Representatives?.. A parliamentarian answers, 22 DEC

 Has the oil and gas law reached the House of Representatives?.. A parliamentarian answers

Has the oil and gas law reached the House of Representatives.. A parliamentarian answersInformation/private..

Today, Thursday, a member of the House of Representatives, Jassim Al-Alawi, revealed the fact that the oil and gas law has reached the House of Representatives in preparation for its approval in the upcoming sessions, while he confirmed that the law is still in the corridors of the government and the Council of Ministers until now.

Al-Moussawi said, in an interview with the Maalouma Agency, that “the law has not yet been sent by the government in order to complete the addition of some new paragraphs and articles,” noting that “we expect the law to be pushed forward by the Council of Ministers during the coming period.”

He continued, “Sending the law and approving it in the House of Representatives represents a cry to implement justice, legal and constitutional provisions, and distribute the country’s wealth equally,” noting that “the law is still in the corridors of the government and the Council of Ministers until now.”

Former Member of Parliament, Jassem Muhammad Jaafar, had confirmed in an interview with the Al-Ma’louma Agency, that “the first objection was against the paragraph of the National Marketing Company (SOMO)’s control over the operations of extracting, exporting, and selling oil and gas,” noting that “all the articles to which the parties object “Kurdism is not legal and constitutional, but in order to continue seizing the country’s resources.”

The Kurdish parties continue to obstruct the government in approving the oil and gas law, which a vote on within the corridors of Parliament has become a must, in order to end the violations and thefts carried out by the Kurdistan Regional Government in the oil smuggling file in isolation from the central government and the seizure of revenue funds in general.

almaalomah.me